Odyssey Development Corp.

November 27, 1985|By Deanne Brandon

ONE LEFT. Forty-nine of 50 condominium units put on the auction block Sunday were sold, Odyssey Development Corp. said. Kim Sarjeant of Odyssey said the auction attracted 400 people. Buyers paid an average of 6 percent more than the minimum bid on of the oceanfront units at Indian Harbour Beach. The minimum bids were 40 percent to 50 percent below Odyssey's original asking price. Florida-based Odyssey received just over $5 million for the units, about $1 million less than it had hoped for. The 84-unit Ocean Walk Condominium, completed in March, was developed with $10 million from Canadian investors.